Castle is considering an investment opportunity with the following expected net cash inflows: Year 1, $255,000; Year 2, $200,000; Year 3, $125,000. The company uses a discount rate of 8% and the initial investment is $360,000. (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of Annuity of $1 table.) 6 Calculate the NPV of the investment. Should the company invest in the project? Why or why not? estion Present value of each year's inflow: estion 7 1 (n = 1) estion 1 2 (n=2) 3 (n = 3) Total PV of cash inflows 0 Initial investment Net present value of the project rson Net Cash PV Factor Present Years Inflow (i = 8%) Value Present value of each year's inflow: 1 (n = 1) 2 (n = 2) 3 (n = 3) Total PV of cash inflows